FY2027 Small Area FMR · Olivia, NC
ZIP 28368 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28368 (Olivia, NC) is $1,250 a month, up 4.2% from FY2026. That is 19% above the Harnett County, NC area-wide FMR of $1,051.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 28368 sits in the Harnett County, NC area
Of the 18 ZIP codes HUD lists for the area, 28368 has the 6th highest two-bedroom Small Area FMR. Harnett County, NC is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,051 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,250 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $990 | $891 – $1,089 | $891 | $940 |
| 1 bedroom | $1,000 | $900 – $1,100 | $896 | $950 |
| 2 bedrooms | $1,250 | $1,125 – $1,375 | $1,051 | $1,200 |
| 3 bedrooms | $1,560 | $1,404 – $1,716 | $1,455 | $1,510 |
| 4 bedrooms | $1,960 | $1,764 – $2,156 | $1,757 | $1,870 |
A household renting a two-bedroom home at the Small Area FMR of $1,250 needs about $50,000 a year to keep housing costs at 30% of income. The area median family income is $88,300 and the 80% low-income limit for four people is $70,650. ZIP code 28368 lies mainly in Harnett County. See the Harnett County, NC county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 28368?
HUD's FY2027 Small Area Fair Market Rents for 28368 are $990 (studio), $1,000 (1 BR), $1,250 (2 BR), $1,560 (3 BR) and $1,960 (4 BR) a month.
What is the Section 8 payment standard in 28368?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28368 that range is $1,125 to $1,375 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 28368?
The FY2026 income limits of the Harnett County, NC area apply: median family income $88,300, low-income (80%) limit $70,650 for a family of four.